Senior Regulatory Data Specialist - Reserves

Company

Federal Reserve Bank of San Francisco

We are the Federal Reserve Bank of San Francisco—public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and are committed to understanding and serving the vibrant, expansive communities of the Twelfth District. That means we seek and appreciate new perspectives. We respect people for what they do and for who they are. We build opportunities to learn and grow. When you join the SF Fed, you become part of a diverse team united in its purpose to promote an economy that works for everyone. We empower our people to balance their life and work responsibilities. That’s why we offer a flexible hybrid work model that allows you to collaborate with office colleagues on some days, and work from home on others.

The Data Insights + Analytics Group of the Federal Reserve Bank of San Francisco collects, validates, and provides high-quality data to support the Federal Reserve’s supervisory and monetary policy objectives. As a senior regulatory data specialist in the Reserves Administration Team, you will draw upon your knowledge of economics, finance and accounting to collaborate with a dynamic team whose primary focus is to analyze and process diverse financial and monetary data. These data are used by a wide range of end users, including the Board of Governors, Federal Reserve Bank of New York, financial institutions in the Twelfth District, other divisions within the Bank, and external financial analysts. Your work will help ensure that depository institutions follow Regulation D –Reserve Requirement of Depository Institutions. This is an extremely vital role as the Reserves function directly supports the implementation of monetary policy.

Support of the Reserves Resource Center (RRC) is another aspect of the Reserves Regulatory Data Specialist. The RRC provides analytical and technical support on Reserves processes and procedures to Reserves user community system wide. Ad hoc projects related to work operational improvements, enhancing data quality, and developing queries and automation tools are also part of the RRC’s responsibilities.

Lastly, you would represent the Federal Reserve Bank of San Francisco by supporting system-wide efforts and workgroups within the Reserves business line. This includes participating or leading work related to the Reserves application and critical initiatives.

Essential Responsibilities:

• Provide timely and accurate analysis related to reserve balances and interest

• Update and maintain information used in processing depository institutions' data, and reconcile data discrepancies between different applications

• Perform hands-on exploratory data analysis using a variety of tools and languages to process, visualize, and interpret monetary and regulatory data

• Share knowledge and perspective gained through research to broad audiences and stakeholders

• Use abstract, high-level thinking to analyze automation and technical issues and recommend solutions

• Triage and resolve RRC reported issues and questions raised by users around the System

• Support data analytics and query requests by other Reserves Analysts across the country

• Act as a key contributor in establishing business policies and practices for the System, as well as anticipate the impact of these changes

• Make significant contributions to system level workgroups in the capacity of a technical expert, lead, consultant, or instructor for business and automation issues

• Serves as a team leader and independently assumes responsibility for achieving results

Qualifications

• A Bachelor’s degree in Accounting, Economics or Finance or equivalent experience

• Typically, 5+ years of related experience within the banking industry, regulatory/SEC reporting, accounting for a public company, or auditing

• Strong time management skills shown by consistently meeting deadlines and administering shifting priorities

• Demonstrated ability to grasp complex concepts, practices, procedures, and gain familiarity with system applications to perform routine and specialized duties

• Experience collaborating with others to meet goals and deadlines

• Strong communication skills, demonstrated by:

• Communicating complex issues succinctly

• Adapting communications to audiences internal and external to the organization

• Crafting and conducting effective presentations

• Ability to quickly learn new applications and grasp technical concepts

• US citizenship required

Preferred Skills

• Master’s